Ford Motor (NYSE:F) Shares Sold by Full Sail Capital LLC

Full Sail Capital LLC lowered its stake in shares of Ford Motor (NYSE:F) by 1.8% in the second quarter, HoldingsChannel reports. The firm owned 71,318 shares of the auto manufacturer’s stock after selling 1,341 shares during the quarter. Full Sail Capital LLC’s holdings in Ford Motor were worth $894,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in F. Olistico Wealth LLC acquired a new position in Ford Motor during the 2nd quarter valued at approximately $25,000. Fortis Group Advisors LLC boosted its position in Ford Motor by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after purchasing an additional 1,086 shares during the period. Family Firm Inc. acquired a new position in Ford Motor during the 2nd quarter valued at approximately $26,000. Voisard Asset Management Group Inc. acquired a new position in Ford Motor during the 4th quarter valued at approximately $27,000. Finally, Financial Synergies Wealth Advisors Inc. boosted its position in Ford Motor by 1,997.9% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,938 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Analysts Set New Price Targets

F has been the subject of a number of analyst reports. Barclays reduced their price target on Ford Motor from $17.00 to $16.00 and set an “overweight” rating for the company in a research report on Thursday, July 25th. Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $16.00 to $12.00 in a research report on Wednesday. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. The Goldman Sachs Group reduced their price target on Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, July 25th. Finally, Wells Fargo & Company reduced their price target on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $12.64.

Ford Motor Stock Up 0.9 %

F opened at $10.78 on Friday. Ford Motor has a one year low of $9.49 and a one year high of $14.85. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.00 and a current ratio of 1.17. The stock’s fifty day moving average is $10.87 and its 200-day moving average is $11.98. The company has a market capitalization of $43.04 billion, a PE ratio of 11.11, a P/E/G ratio of 0.79 and a beta of 1.62.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). The company had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same period last year, the firm earned $0.72 earnings per share. On average, equities analysts predict that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.57%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

About Ford Motor

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.